S.B. No. 189 Summary

• Authorizes a nonrefundable income tax credit for handgun training courses, classes, or programs, up to $250 per taxable year, for costs under section 2923.125 of the Revised Code.

• Authorizes a nonrefundable income tax credit for purchases of secure storage devices or locking devices for firearms, up to $250 per device, based on the lesser of the purchase price or $250.

• Requires taxpayers to furnish sales receipts or supporting documentation to claim the storage device credit, with the tax commissioner prohibited from maintaining lists of taxpayers claiming either credit.

• Amends section 5747.98 to establish the order in which taxpayers claim credits, placing the handgun training and storage device credits in the sequence after certain education and vocational credits.

• Applies to taxable years ending on or after the effective date of the legislation.